Retirement plan

R B SATKOWIAK'S CITY SEWER CLEANERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: R B SATKOWIAKS CITY SEWER CLEANERS, INC. - R B SATKOWIAK'S CITY SEWER CLEANERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: R B SATKOWIAKS CITY SEWER CLEANERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, R B SATKOWIAK'S CITY SEWER CLEANERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, R B SATKOWIAKS CITY SEWER CLEANERS, INC.

R B SATKOWIAKS CITY SEWER CLEANERS, INC.EIN 38-3054482Plan #002PY 2023

126 MAPLERIDGE ROAD, P O BOX 229 - CARROLTON, MI 48724989-753-9971

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$654K

No prior year

Total participants

No prior year

Average account balance

$23,357

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 638 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort638 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$617K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$18K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$112K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-12.12%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$837

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2P3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$12K

$399 / participant

Other / not subdivided$12K100.0%

% of EOY assets

1.771%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,357

$103,966-77.5%

$112,923-79.3%

$75,177-68.9%

Participation rate

96.6%

75.7%+20.9pp

80.5%+16.0pp

67.2%+29.3pp

Annual return

0.00%

24.54%-24.5pp

34.13%-34.1pp

160.75%-160.8pp

Employer contribution / active EE

$3,449

$3,870-10.9%

$4,570-24.5%

$2,671+29.1%

Participant deferral / active EE

$5,456-100.0%

$6,520-100.0%

$4,126-100.0%

Admin fee / account holder

$414

$7,663-94.6%

$7,046-94.1%

$5,651-92.7%

R B SATKOWIAK'S CITY SEWER CLEANERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

R B SATKOWIAK'S CITY SEWER CLEANERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion